SPMLINFRABSESPML Infra LtdMediumNeutral
Announced Tue, 5 May · 18:10 IST

Scrutinizer Report dated 04th May, 2026

Board & Shareholder Meetings View source PDF

SPMLINFRA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+3.7%1-day move
₹214.46
prior close
₹220.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+4.4+3.8+3.4+1.9+3.7+1.9-1.2-6.0-3.9-7.7+2.6-11.4-7.7
Up moveDown movePending
AI summary

SPML Infra Ltd conducted a postal ballot via remote e-voting from 4 April to 3 May 2026. Two resolutions were passed: (1) Ordinary resolution approving material related party transactions with JWIL Infra Ltd, passed with 99.88% in favour (42.21 lakh votes) and 0.12% against (5,245 votes); (2) Special resolution approving payment of remuneration to Mr. Tharuvai Venugopal Rangaswami (DIN: 01957380), Nominee Director, passed unanimously with 100% in favour (2.62 crore votes) and only 421 votes against. Notably, votes from 3 free shareholders aggregating to 40,66,373 equity shares were treated as invalid due to undisclosed reasons. Total 130 shareholders participated out of 23,502 on the record date of 31 March 2026.

Likely market impact

Both resolutions approved with strong shareholder backing. The RPT approval with JWIL Infra formalises ongoing related party dealings. The remuneration approval for the nominee director is a standard governance item. Invalid votes for a large block of shares warrant attention as they may indicate procedural or eligibility issues.